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Trade Reporting Notice - 8/19/10

Weighted-Average Price/Special Pricing Formula Trade Modifier

FINRA is issuing new guidance on the use of the weighted-average price/ special pricing formula (.W) trade modifier for reporting certain types of OTC trades in NMS stocks to FINRA. Firms must make the systems changes necessary to properly modify trades in accordance with this guidance no later than October 18, 2010 (60 days from the date of this Notice).